AVP Accounting

Responsibilities

• Accounting Oversight & Financial Reporting
• Own the management and quality assurance over all accounting functions, including reinsurance/technical accounting (premiums, claims, reserves, etc.) and non-technical accounting (investments, pensions, cash, etc.) for IFRS and STAT
• Review and approve journal entries, reconciliations, and disclosures for non-insurance areas such as pensions, leases, and intercompany
• Review accounting research and resolve complex or new reinsurance treaties, transactions, and investment structures as required
• Review key analyses and documentation, including impairment analyses, fluctuation analyses, and footnote disclosures prepared by the MRAS Investment Accounting Shared Service Center
• Reinsurance Governance & Process Excellence
• Achieve alignment with Munich Re’s Reinsurance Accounting (RIA) Department on global governance and requirements, including IFRS accounting, Plan, and Forecast figures
• Oversee the deployment of best practices to maintain a stable end-to-end reinsurance/technical accounting process, including challenging existing processes and the control framework
• People Leadership & Team Management
• Supervise the Reinsurance Accounting and General/Non-Technical Accounting teams to ensure timely and accurate execution of accounting entries, reconciliations, analytics, and key controls
• Responsible for hiring, training, and supervising staff within the Accounting workstream in Finance
• Internal Controls & Audit
• Oversee the development, maintenance, and documentation of controls to ensure compliance with internal control requirements (ORCS and MARSOX)
• Act as the primary liaison with internal and external auditors
• Deploy modern automation (including but not limited to AI agents) to streamline processes and improve efficiency

Qualifications

• Seasoned finance leader with insurance or reinsurance experience
• Progressive accounting experience, including insurance/reinsurance experience
• Public accounting experience preferred
• CPA required
• IFRS and Insurance Statutory accounting experience preferred
• Excellent communication, organizational, and time management skills
• Strong project management and ability to motivate a team towards a common goal
• High degree of attention to detail, proficient and concise documentation skills
• Continuous improvement mindset, ability to handle multiple projects simultaneously by prioritizing tasks
• Proficiency in Excel and Power BI
• Oracle system experience preferred, SAP system experience a plus